Recruiter.Com Predicts 40% Sequential Revenue Growth In Q4

January 18, 2022 3:32 PM | 1 min read | Make a Comment

Recruiter.Com Group Inc RCRT predicts ~40% sequential quarterly growth in Q4 and 166% overall year-over-year revenue growth.
The company expects total revenue of $8.8 million, above the consensus of $6.95 million. The company anticipates Software subscriptions of $0.75 million, +61% Q/Q, and On-demand recruiting services of $5.5 million, +60% Q/Q.
Recruiter.Com predicts FY21 revenue of $22.6 million.
"We predict US employers will spend approximately $50 billion more hiring talent in 2022 than they did pre-pandemic, and Recruiter.com is well-positioned to capitalize on this growth," stated CEO Evan Sohn.
Price Action: RCRT shares are trading lower by 7.38% at $2.45 on the last check Tuesday.

Posted In: News Penny Stocks Guidance Movers Trading Ideas Briefs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.